Curious About Attrition Rates? How Do IT and Non-IT Companies Compare?

Can anyone tell me about the current attrition rate in IT companies and non-IT companies? Please help.

Hi, this is the prime factor in the modern age, leading to the development of some individuals and, at the same time, causing great loss to IT and non-IT companies. People are being offered hikes in salary and are also experiencing the allure of foreign offers. They are migrating from one company to another, and this trend will continue as long as they perceive the opportunity to receive more incentives and benefits.

Working hours are also a significant factor contributing to attrition. The formula for calculating attrition rate is the number of employees who left divided by the total number of employees, multiplied by 100.

Hanuma

Certainly! Here is the corrected version of your input:

"Ya, sure. I want to know the top 10 IT companies' attrition rate so that I can compare it with mine and reach a normal trend of attrition rate in the IT industry. I hope now I am clear."

Hey, that's too much to ask, yaar. I think no company will reveal the attrition rate in their company. What do you say? Would you announce that our company is currently having ...% of attrition?
Hanuma

Hanuma, I know that some business magazines conduct surveys on this kind of data. They collect it from various companies and discuss the current market attrition rates in various sectors like BPO and IT. However, I am not able to find this information. I am still searching, so I am putting in this request if anyone can provide me with this information for analysis purposes. I need this. Anyways, thanks for your quick reply.

Hi,

I hope the current attrition rate in the IT industry is 33%. If this is incorrect, please let me know the right figure.

Goodbye,
Sivaranjani Sriram

Hi, can anybody tell me about the current attrition rate (2016-17) in the Indian Software Industry or provide me any link available for extracting information? The data is required urgently for my research topic since I am in the process of writing a research paper. Kindly help...